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Michael Taylor: U.S. states advance mandates on recycled plastics, PCT seen as key player
Michael Taylor, co-founder and portfolio manager at Agora Trading, highlights that legislation is moving through U.S. states to mandate the use of recycled plastics.
Taylor points to R-polypropylene as an industry with significant potential, stating that there is currently only one main company in this area, PCT.
Taylor has previously flagged macroeconomic pressures in developed markets. He pointed to rising unemployment and higher gilt yields in the U.K. as indicators of possible GBP devaluation. In a separate note, Taylor declared a market top following the end of Schlitz.
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